Showing 1 - 10 of 11
Tourism braces for impact of Mideast war
Business, Narumon Kasemsuk, Published on 10/03/2026
» Thai tourism should brace for an influx of foreigners seeking a safe haven amid growing geopolitical conflict, similar to the surge experienced during the Russia-Ukraine War a few years ago, when Russian arrivals rose to 1.74 million in 2024, significantly impacting property markets in tourism cities.
New hotel law raises safety concerns
Business, Narumon Kasemsuk, Published on 02/06/2025
» The Thai Hotels Association (THA) has raised the alarm for property owners over a new draft law for hotels, warning it could infringe on the rights of residents and compromise tourist safety, which is already a blemish for Thailand.
Phuket hotels see solid high season
Business, Narumon Kasemsuk, Published on 25/03/2025
» Despite a sharp decline in Chinese arrivals flying direct to Phuket, hotels in the island could still record a solid high season for January and February with a 92% occupancy rate and average room rate surging 15% to 5,557 baht.
Associations see minimal impact from rate cut
Business, Narumon Kasemsuk, Published on 01/11/2024
» Three property associations forecast a slim impact from the recent policy rate cut, as interest rates for mortgages were reduced by only 0.125%.
Marriott expands apartment offerings
Business, Narumon Kasemsuk, Published on 04/10/2024
» Marriott Executive Apartments has added two properties in the untapped South Sukhumvit area, targeting both long-stay and daily leisure guests as the first five-star international brand in the neighbourhood.
Hotels want stimulus amid weak recovery
Business, Narumon Kasemsuk, Published on 02/07/2024
» Hotel operators are pushing for a tax deduction or subsidy for renovation investment, especially for green energy, while the Tourism Authority of Thailand (TAT) suggests hotels in second-tier cities install electric vehicle (EV) chargers to accommodate the growing trend of travel via EVs.
Hotels fret as another German firm goes kaput
Business, Narumon Kasemsuk, Published on 25/06/2024
» Another tour firm in Germany has filed for bankruptcy, but the impact should be minimal compared with the recent FTI insolvency, according to the Thai Hotels Association (THA).
TCT unveils rescue plan for unlicensed small hotels
Business, Narumon Kasemsuk, Published on 13/08/2022
» The Tourism Council of Thailand (TCT) has come up with a solution to help cash-strapped unlicensed small hotels whose assets may be confiscated due to excessive banking debts.
CPN steps up house roll out
Business, Narumon Kasemsuk, Published on 22/07/2022
» Retail and property developer Central Pattana Plc (CPN) is preparing its biggest residential expansion in five years with 50 more projects worth 40 billion baht, in a bid to achieve synergy with the overall Central group.
Uncertainty to fuel Elite membership
Business, Narumon Kasemsuk, Published on 10/02/2021
» Thailand Elite Card is expecting to gain a large number of new members, mainly Chinese business people residing in Myanmar who might not be confident about the political situation there.